FIL/USDT Breakout Alert! Descending channel. Bullish Momentum !!💎 FIL has notably made its mark in the cryptocurrency market. Recently, FIL achieved a significant milestone by breaking out of a major descending channel pattern, signaling a shift to bullish momentum.
💎 This breakout suggests that FIL might enter a retesting phase, likely at the demand area or along the support trendline of the descending channel, before it can probability continue its ascent toward a strong resistance area.
💎 However, there's a possibility that FIL might approach the resistance area directly without undergoing a retesting phase. In such a scenario, FIL could face rejection at this resistance level, which might lead it back down to the demand area.
💎 The demand area becomes crucial in this context. For FIL to maintain its upward trajectory, it must bounce back from this area. Should FIL fail to hold its ground at the demand zone, particularly if it breaks below it, the asset could potentially drop further to a lower demand area, around the $4.4 mark.
FILUSDT
Filecoin's Potential Surge: Prepare for Price Takeoff!BINANCE:FILUSDT is gearing up for a significant surge, backed by 15 months of accumulation reaching the 0.618 Fibonacci level. This aligns seamlessly with a crucial supply zone and a measured move of the triangle pattern, painting a compelling picture for potential growth ahead.
FILUSDT # 001 ( opportunity Grow to 15 $ ) Hello dear traders.
Good days .
On Supper Cycle of Gann Square, 1st Gann Square is Growing very weak which is 1st Elliot Wave of supper cycle .
On weekly Gann Square, As is showed , till Mar-2024 it will finish and FILUSDT will test and Hard resistance Gann Fan line which will be on 0.25 Gann Box Fib level .
Chart updated and route plotted with help of Gann Square and Gann Box.
Good luck and safe trades.
Thanks for your support and comments
[FILUSDT] - unstoppable bullish 🔥🔸Weekly chart looks cheerful
🔸Weekly close directly below the major trend..... doesn't happen before
🔸Double bottom consolidated .
🔸Need to confirm breaking out the down trend to reach my target (50$)
Dont forget to support us with ur like,comment and follow for more ideas.🎯
Filecoin: REJECTED AGAIN! 90% crash imminent?Filecoin: REJECTED AGAIN! 90% crash imminent?
Here are the reasons for why filecoin is a shitcoin that will drop to $0.10:
1. Despite an extremely bullish cryptocurrency market, filecoin price has remained extremely bearish. This is a huge red flag.
2. Price was $230 in 2021 but now barely $6, which means ppl selling more than buy.
3. Many ppl expect filecoin to pump, which is why it won't.
I expect 90% crash in near term!
FILUSDT.1DBased on the provided market data, the FIL/USDT pair is currently trading at 6.039 USDT.
In the 4-hour chart, the Relative Strength Index (RSI) is at 61.47, suggesting that the market is slightly more towards the overbought territory. The Moving Average Convergence Divergence (MACD) is positive, indicating a bullish trend. The Bollinger Bands (BB) are at 6.319, suggesting a moderate degree of price volatility. The support levels are at 5.585, 5.412, and 4.857, while the resistance levels are at 6.273, 7.040, and 7.340.
In the daily chart, the RSI is at 70.91, indicating that the market is in the overbought territory and could potentially be due for a correction. The MACD is also positive, suggesting a bullish trend. The BB is at 6.322, indicating a moderate degree of volatility. The support levels are at 5.373, 4.471, and 4.282, while the resistance levels are at 6.760, 7.353, and 7.649.
In the weekly chart, the RSI is at 68.05, indicating that the market is slightly in the overbought territory, suggesting that the market could potentially be due for a correction. The MACD is positive, indicating a bullish trend. The BB is at 6.330, suggesting a moderate level of volatility. The support levels are at 4.130, 2.690, and 2.423, while the resistance levels are at 6.800, 9.400, and 11.215.
In summary, the market data suggests a bullish trend for FIL/USDT in the short term. However, the relatively high RSI values in the daily and weekly charts suggest that the market could be due for a correction in the medium to long term. As always, this analysis should not be taken as financial advice and individual research should be conducted before making any investment decisions.
Filecoin Rejected for the 8th Time: Ultra Mega BearishWhile the entire crypto + stocks market has been making new yearly highs, filecoin has been struggeling with a minor resistance. As previously mentioned, this is extremely worrisome for holders/buyers of this asset because extreme weakness in an otherwise extremely strong market is recipe for Ultra Mega Bearish Disaster. I expect this coin to drop to sub $1 and never recover. This coin was $230 and is now barely $5, which shows that it has unfortunately already died. I expect the crash to commence soon.
Filecoin rejected AGAIN - 80% crash imminentFilecoin rejected AGAIN - 80% crash imminent.
When a coin such extreme weakness in extreme bull market, it is very bad sign and it makes it much likelier that the coin will crash severely, ruining every bull in the process.
Filecoin is a great example of an extremely weak coin. It was $230 and now barely $5. Buying this coin make no sense, it's going to $1.
Huge Filecoin Crash Coming: Target $1While other coins have pumped massively for the past month, filecoin keeps struggeling with a major resistance. This is extremely bad when the rest of the market is pumping and breaking resistance after resistance with extreme ease. Since the market is poised for a correction, and since filecoin is pausing at major resistance for the 4th time, the chances of an epic CRASH are incredibly high (99% likely). I expect filecoin will crash another 80% soon.
fil greparing for solid recovery seems like consolidation is almost over and fil finally preparing for massive breakout
On Verge Of Massive Breakout Formed Text Book Symmetrical Triangle & Testing It In case Of Successful Breakout Expecting Move Towards 20 to 25$ in midterm
keep eyes on fil for confirmed breakout
FIL ANALYSIS🟢 #FIL Analysis : Waiting for Breakout 💰💰
🚀🚀As we can see that #FIL is trading in a DescendingTrianglePattern. If #FIL breakout with good volume then we can see a big bullish move 📈📈
🔖 Current Price: $5.488
⏳️ Target Price: $11.000
⁉️ What to do?
- Keep your eyes on the chart, observe trading volume and stay accustom to market moves.🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#FILAnalysis #Cryptocurrency #WaitingforBreakout #DYOR
FilUsdtWe are in an era where gaming and artificial intelligence projects will have the ability to move well in the opposite bullran
Many people are looking for these projects, but in fact, when gold discovery is fashionable, those who sell shovels and picks make more profit.
These projects need space, and for this, you should pay attention to projects like FileCoin.
Projects that can grow with the growth of each of these technology branches
Of course, note that this currency may be difficult to reach the previous ceilings due to high inflation
But it still has a good place for profit
Good luck
EntryPoint:
5.467
5.348
5.058
Supports:
4.752
4.465
4.090
3.654
3.166
Resistance:
6.285
Targets:
7.910
10.610
15.370
18.692
24.668
MidTime:
41.600
60.348
97.067
HODL:
163.972
237.095
GOAL
383.845
#FIL/USDT#FIL
The price has been moving in a downward channel since last April
The downtrend for that channel was broken at $3
It is the same strong support area
The price has gained nearly 200% so far
Supported by oversold on MACD
It is supported by the moving average 100 break of 1 D Frame
Current price 5.5 $
First goal 7.06 $
Second goal 9.11 $
The market's upward momentum will lead us to the expected targets
But be aware that there are some corrections
FIL/USD Poised for Upward Movement Post-OB Rejection? 👀 🚀💎 Paradisers, focus on #FILUSDT as it displays a promising trading pattern. After experiencing rejection from a bearish Order Block (OB), it is now regaining upward momentum, indicating a strong likelihood of an upward movement following a successful breakthrough above the OB level.
💎Delving into #FILECOIN past market behavior, it has shown a consistent pattern of navigating a descending channel, breaking above, and then initiating an upward trend. Recently, after encountering resistance at the Bearish OB level of $5.755,#FIL retraced to a support level where it previously exhibited a Market Structure Shift (MSS). It’s now showing signs of regaining upward momentum to challenge the substantial supply level above at $9.168.
💎 However, in the ever-changing landscape of cryptocurrency trading, it’s essential to prepare for various possibilities. If #FIL struggles to sustain its current upward trajectory, attention should shift to potential bullish continuity from the support level of $4.228. A descent below this pivotal level might suggest a more significant downward trend. 🌴💰